S1E9: On diversity and shifting the balance of power - SoGal Ventures

Chief Best Friends

What do you see when I say venture capitalist? Most likely a guy, probably in his 30s or older. What if, I told you, that when Pocket and Elizabeth started SoGal Ventures, they were the complete opposite of that stereotype. In fact, it was so against the grain that the people closest to them thought they wouldn’t make it. What others saw as a crutch, they took as their unique selling point. SoGal Ventures dubs itself as the first female-led millennial VC firm. They took what they knew best and invest millions on a new breed of creators and entrepreneurs. Pocket and Elizabeth understand the importance of chief best friends. Since they invest in early stage startups, they’re hedging their bets against the success of the founders. SoGal has invested in some of the most inspiring brands you could think of, including our very own episode 1 guests the ADAY co-founders, Meg and Nina. If you believe in the power of our wallets, SoGal ventures see VC funding as a way to shift that power to women and minorities. These ladies are definitely putting their money exactly where their mouth is.